Q2 Holdings, Inc. (NYSE:QTWO) SVP Barry G. Benton sold 1,500 shares of Q2 Holdings stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $38.19, for a total transaction of $57,285.00. Following the completion of the sale, the senior vice president now directly owns 23,487 shares in the company, valued at approximately $896,968.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Q2 Holdings, Inc. (NYSE:QTWO) traded down 1.82% during mid-day trading on Wednesday, hitting $37.70. 158,962 shares of the stock traded hands. The stock’s market cap is $1.56 billion. The company’s 50 day moving average price is $37.95 and its 200-day moving average price is $36.87. Q2 Holdings, Inc. has a 1-year low of $25.23 and a 1-year high of $40.50.

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A number of large investors have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio purchased a new stake in Q2 Holdings during the second quarter worth approximately $1,717,000. Ameritas Investment Partners Inc. boosted its stake in Q2 Holdings by 38.1% in the second quarter. Ameritas Investment Partners Inc. now owns 2,751 shares of the technology company’s stock worth $102,000 after buying an additional 759 shares during the last quarter. California State Teachers Retirement System boosted its stake in Q2 Holdings by 10.4% in the second quarter. California State Teachers Retirement System now owns 55,564 shares of the technology company’s stock worth $2,053,000 after buying an additional 5,249 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Q2 Holdings by 22.8% in the second quarter. The Manufacturers Life Insurance Company now owns 24,616 shares of the technology company’s stock worth $909,000 after buying an additional 4,571 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in Q2 Holdings during the second quarter worth approximately $515,000. Institutional investors own 91.08% of the company’s stock.

Several analysts have commented on QTWO shares. Zacks Investment Research raised shares of Q2 Holdings from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research report on Wednesday, August 9th. Canaccord Genuity reaffirmed a “buy” rating and issued a $43.00 price objective on shares of Q2 Holdings in a research report on Tuesday, August 1st. BTIG Research raised shares of Q2 Holdings from a “neutral” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Friday, May 5th. ValuEngine raised shares of Q2 Holdings from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, SunTrust Banks, Inc. started coverage on shares of Q2 Holdings in a research report on Monday, June 26th. They issued a “buy” rating and a $45.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $42.13.

Q2 Holdings Company Profile

Q2 Holdings, Inc is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels.

Insider Buying and Selling by Quarter for Q2 Holdings (NYSE:QTWO)

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